Items tagged with payments
Facebook and PayPal are strengthening their ties and have announced that users in the U.S. can now send and receive money person-to-person over Facebook Messenger. The integration also brings a PayPal customer service bot that can handle questions and requests for help right from within the Facebook Messenger window. Messenger has always had a payment system integrated that would allow friends to pay each other directly, but that service takes money directly from the payer's bank account via a debit card. That money is then sent directly to the person receiving the funds and places it into their checking account instantly without fees for either party.The PayPal integration will certainly still...
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Have you ever tried collecting money owed from a friend or family member? Sometimes it's painless, and other times it's like pulling teeth from a penguin -- impossible, in other words. Facebook has found a way to make it rather easy. No, it won't send cousin Vinny to collect the debt, but it does allow you to send and receive money through Messenger for free. Let's say you and a buddy are chatting about the Red Sox, and through the course of the discussion, you both decide to catch the game versus the Orioles on April 17th. You look it up and discover tickets will run $100 each. Your buddy gives a thumbs up, so you purchase the tickets. Rather than coordinating schedules to...
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Square has taken the mobile payments world by storm in the U.S., and evidently there has been demand to help make Apple's iPad an actual cash register. As the conventional POS machine begins to see the end of the line, it's devices like the Square Stand that have a chance to take its place. The new device actually fully converts the iPad into a complete point of sale system. It's a piece of hardware designed for savvy B&M locations, and while it looks pretty slick, the asking price ($299) is certainly on the high side. Square Stand works with Square Register, the free point of sale application, and gives merchants access to real-time analytics and reporting.Square Stand features an integrated...
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Mobile payments. At this point, even in the U.S., they aren't anything new. The concept is here, and it's not going away any time soon. With Isis, Google Wallet, PayPass, Square, etc. all out in the market place, it's just a matter of time before that credit card gets worn out less and less. It seems like each week a new group of companies are banding together to create a new way to pay for goods, and now, a huge swatch of mega-corps are joining hands to form the Merchant Customer Exchange (MCX). The new company will seek to offer customers a "versatile mobile-commerce experience that will combine the convenience of paying at the register with customizable offers." Sounds like a mash-up between...
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Well, if there's anything creating tons of buzz this year, it's 3D and tablets. But if there's anything else, it's NFC. Near-field Communication has taken America by storm, just years after taking other continents for a ride. NFC is short for a technology that allows users to pay for items with just a tap of their mobile, and it has the potential to revolutionize the way consumers purchase products. With the saturation of mobile phones so high now, it's becoming more feasible to think of a world where we use phones instead of credit cards to pay for items. And Amazon knows it. Amazon's obviously a huge, huge retailer, and it would make a lot of sense for them to start invested or at least evaluating...
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Google may be opting out when it comes to joining the social networking game, but they're saying yes to mobile payments. The Samsung-built Nexus S was one of the first NFC-enabled smartphones to ship in America, and now Google is reportedly ready to start testing a mobile payment trial at stores in NY and SF. The Bloomberg article on the matter suggests that the trials could begin in four months, and it will let shoppers use their phones to buy items at those stores. NFC and contact-less payments have frequently been used to pay for mass transit, but particularly in America, it's still rare to see stores setup to accept NFC payments. Google will be footing the bill to install these systems (VeriFone...
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Mobile payments couldn't possibly be hotter right now. It's a trend that has caught on in my European and Asian nations, but the USA seems content with their old fashoned payment methods. But it feels like the future is finally catching up, and with major brands like Visa and Starbucks backing the initiative, it's going to be even tougher to ignore. The coffee giant has today announced that mobile payments are debuting nationally at their stores, with the Starbucks Mobile App offering customers with BlackBerry phones, the iPhone and the iPod touch a way to pay even more quickly at nearly 6800 U.S. company-operated Starbucks stores. That means that you can part ways with your cash even faster...
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Need another credit card? We kid. But if you're a Citi Card holder, you may get an upgraded card in the future. Dynamics Inc., described as an innovator in next-generation payment devices, has just revealed their Redemption payment device. Basically, it's a credit card with built in buttons, LEDs and a selector switch. Why all the fancy additions? Because of Payments 2.0, an application that allows users to select points or cash before checking out. The idea is simple: today, every credit card swipe means that you're paying cash (eventually) for whatever you buy. With this card, there are two options that can be selected: pay with cash or put their points towards the purchase. Today, if you rack...
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A post over at the Boxee team blog reveals that the company is planning to implement a payment platform that will enable users to purchase content with a click of the remote. The goal is to entice more content producers to use Boxee for distribution. Here's what the Boxee team blog had to say...Users want to see more content on Boxee. Content owners want to be paid for what they produce (whether that’s TV Shows, movies, music, or applications). We don’t believe these are conflicting interests. This is why we plan to release a Payment Platform this summer where users will be able to make purchases with one click on the remote. The content partners we launch with will offer shows, movies and channels...
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